Economics Great Economists and Their Work Set-1 Economics MCQs: multiple choice questions and answers,Mock Tests and Practice Papers

Question:

  Identify the author of  Poverty Under British Rule in India :

1.R.C.Dutt

2.Dadabhai Naoroji

3.Raja Rammohun Roy

4.Surendranath Banerjea

Posted Date:-2021-08-24 11:30:24

Question:

  Identify the Indian economist who was given an honorary knighthood by the British Government in 1990 for his wide-ranging contribution to education  development economics and finance:

1.I.G.Patel

2.A.K.Sen

3.K.N.Raj

4.V.K.R.V.Rao

Posted Date:-2021-08-24 11:30:24

Question:

  Which of the following Alfred Marshall s works was first published?

1.The Pure theory of Foreign trade

2.The Principles of Economics

3.Industry and Trade

4.Money Credit and Commerce

Posted Date:-2021-08-24 11:30:24

Question:

 Identify the author of  The Principles of Political Economy and Taxation :

1.Alfred Marshall

2.J.S. Mill

3.David Ricardo

4.A. Turgot

Posted Date:-2021-08-24 11:30:24

Question:

 Identify the economist who had little formal education and started working in the money market at an early age of fourteen.

1.David Ricardo

2.Adam Smith

3.V.F.D. Pareto

4.A.A. Cournot

Posted Date:-2021-08-24 11:30:24

Question:

 Identify the work of Irving Fisher

1.A Treatese on Money

2.Policy Against Inflation

3.The Making of Index Numbers

4.Monetary Theory

Posted Date:-2021-08-24 11:30:24

Question:

 Identify the work of T.Schultz:

1.Transforming Traditional Agriculture

2.Productivity and Technical Change

3.Jobs Poverty and the Green Revolution

4.The Green Revolution: Generations of Problems

Posted Date:-2021-08-24 11:30:24

Question:

 The Communist Manifesto  written jointly by Marx and Engel s  was published in:

1.1843

2.1848

3.1853

4.1859

Posted Date:-2021-08-24 11:30:24

Question:

 The labour of Nature is paid  not because she does much  but because she does little. In proportion as she becomes niggardly in her gifts  whe exacts a greater price for her work.  Who made this observation?

1.Adam Smith

2.T.R.Malthus

3.David Ricardo

4.Lauderdale

Posted Date:-2021-08-24 11:30:24

Question:

 The real price of every thing  what every thing really costs to the man who wants to require it  is the toil and trouble of acquiring it. Who made this statement?

1.Karl Marx

2.Adam Smith

3.David Ricardo

4.J.S.Mill

Posted Date:-2021-08-24 11:30:24

Question:

 The Strategy of Economic Development  is the work of:

1.S. Kuznets

2.H.Liebenstein

3.H.Myint

4.A.O.Hirshman

Posted Date:-2021-08-24 11:30:24

Question:

 Which of the following does not match?

1. J.R.Hicks: Capital and Growth

2.C.P. Kindleberger: Economic Development

3.H.Myint: Economic Theory and Underdeveloped Regions

4.E.H. Phelps - Brown: The Economics of Labour

Posted Date:-2021-08-24 11:30:24

Question:

 Which one among the following does not match?

1.Adam Smith - Classical School

2.Karl Menger - Austrian School

3.A.C. Pigou - Cambridge School

4.W.S. Jevons - Historical School

Posted Date:-2021-08-24 11:30:24

Question:

 Who coined the phrase a temporary abode of purchasing power  while explaining the concept of money?

1.Francis Walker

2.H.Robertson

3. D. J.M.Keynes

4.None of the above

Posted Date:-2021-08-24 11:30:24

Question:

 Who developed the  Keynesian Theory of Distribution ?

1.J.M.Keynes

2.N.Kaldor

3.C.P. Kindleberger

4.Joan Robinson

Posted Date:-2021-08-24 11:30:24

Question:

 Who first raised fears of a world food shortage?

1.David Ricardo

2.T.R.Malthus

3.J.S.Mill

4.J.B.Say

Posted Date:-2021-08-24 11:30:24

Question:

 Who first used the term  quasi-rent ?

1.David Ricardo

2.Alfred Marshall

3.J.S.Mill

4.Karl Marx

Posted Date:-2021-08-24 11:30:24

Question:

 Who stated explicitly for the first tirr the law of comparative costs?

1.David Ricardo

2.Adam Smith

3.James Mill

4.Thomas Mun

Posted Date:-2021-08-24 11:30:24

Question:

 Who succeeded Alfred Marshall as Professor of Political Economy at Cambridge?

1.A.C.Pigou

2.D.H. Robertson

3.J.M.Keynes

4.F.H.Knight

Posted Date:-2021-08-24 11:30:24

Question:

Among the following Noble Prize winners for Economics one is an Austrian economist. Identify him:

1.George Stigler

2.F.A. von Hayek

3.Simon Kuznets

4.Herbert A.Simon

Posted Date:-2021-08-24 11:30:24

Question:

Capital and Development Planning is the work of:

1.S. Chakravarty

2.W.A.Lewis

3.A.K.Dasgupta

4.N.Kaldor

Posted Date:-2021-08-24 11:30:24

Question:

Elinor Ostrom and Oliver Williamson are the Nobel Prize Laureates in Economics in 2009. Do you know in which year was Francois Quesnay s Tableu Economique published?

1.1767

2.1764

3.1761

4.1758

Posted Date:-2021-08-24 11:30:24

Question:

How old was Alfred Marshall when he died?

1.80 years

2.82 years

3.85 years

4.90 years

Posted Date:-2021-08-24 11:30:24

Question:

Identify the author of  Mathematical Analysis for Economists:

1.J.P.Lewis

2.R.G.D.Alien

3.Russell Mathews

4.B.J.Cohen

Posted Date:-2021-08-24 11:30:24

Question:

Identify the economist who propounded the  Liquidity Preference Theory of Interest :

1.K.Wicksell

2.Nassau Senior

3.D.H.Robertson

4.J.M.Keynes

Posted Date:-2021-08-24 11:30:24

Question:

Identify the economist who propounded the  Time Preference Theory of Interest :

1.Nassau Senior

2.Bohm Bawerk

3.J.M.Keynes

4.K.Wicksell

Posted Date:-2021-08-24 11:30:24

Question:

Identify the school founded by Wilhelm Roscher:

1.Austrian School

2.Historical Schol

3.Ccmbridge School

4.Mathematical School

Posted Date:-2021-08-24 11:30:24

Question:

In which year was the first volume of Das Capital be Karl Marx published?

1.1848

2.1859

3.1867

4.1873

Posted Date:-2021-08-24 11:30:24

Question:

One of the following economists do not belong to the Austrian School. Identify him:

1.J.S. Mill

2.Karl Monger

3. F. Von Wieser

4. E. von Bohm-Bawerk

Posted Date:-2021-08-24 11:30:24

Question:

Rent is a creation of value  not of wealth.  Who made this observation?

1.Adam Smith

2.David

3.Alfred Marshall

4.A.C.Pigou

Posted Date:-2021-08-24 11:30:24

Question:

The Critique of Political Economy  the first fruits of Karl Marx s long painstaking research at the British Museum  appeared in:

1.1859

2.1857

3.1855

4.1853

Posted Date:-2021-08-24 11:30:24

Question:

The input-output analysis owes its origin and development to:

1.W.W.Leontief

2.R.F.Harrod

3.E.D.Domar

4.Alfred Marshall

Posted Date:-2021-08-24 11:30:24

Question:

The Purchasing Power Parity Theory  came into prominence in 1916 through the writings of:

1. J.M. Keynes

2.L.E.von Miser

3.Gustav Cassel

4.F.A. von Hayek

Posted Date:-2021-08-24 11:30:24

Question:

Though the concept of consumers surplus can be traced back to the French engineer economist Dupuit  it was another economist who gave a precise formulation stating the necessary assumption of this concept. Identify the economist.

1.Alfred Marshall

2.W.S.Jevons

3.F.W.Taussig

4.J.S.Mill

Posted Date:-2021-08-24 11:30:24

Question:

What was the nationality of Frederic List?

1.American

2.German

3.British

4.Finnish

Posted Date:-2021-08-24 11:30:24

Question:

When was Adam Smith s major work  An Enquiry into the Nature and Causes of Wealth of Nations  published?

1.1756

2.1766

3.1776

4.1786

Posted Date:-2021-08-24 11:30:24

Question:

Which of the following is not correctly matched?

1.Lionel Robbins: The Great Depression

2.D.H. Robertson: Essays in Monetary Theory

3.A.C. Pigou: Principles and Methods of Industrial Peace

4.R.F. Harrod: Income and Money

Posted Date:-2021-08-24 11:30:24

Question:

Which of the following is not the work of J.B. Clark?

1.Philosophy of Wealth

2.The Control of Trusts

3.Economics of Overhead Costs

4.The Problem of Monopoly

Posted Date:-2021-08-24 11:30:24

Question:

Which one among the following does not match?

1.Amartya Sen - Harvard

2.Jagdish Bhagwati - Princeton

3.T.N.Srinivasan - Yale

4.P.S.Dasgupta - Cambridge

Posted Date:-2021-08-24 11:30:24

Question:

Which one of the following theories of trade cycle was propounded by W.S. Jevons?

1.Sunspot Theory

2.Monetary Theory

3.Saving-Investment Theory

4. Innovation Theory

Posted Date:-2021-08-24 11:30:24

Question:

Who among the following well-known economists graduated from the London School of Economics?

1.J.M. Keynes

2.N.Kaldor

3.Alfred Marshall

4.F.A.Hayek

Posted Date:-2021-08-24 11:30:24

Question:

Who developed the concept of  Representative Firm ?

1.A.C.Pigou

2.Alfred Marshall

3.J.M.Keynes

4.A.W.H.Phillips

Posted Date:-2021-08-24 11:30:24

Question:

Who introduced the concept of  Elasticity of Demand into Economic Theory ?

1.K.Wicksell

2.Alfred Marshall

3.J.S.Mill

4.A.C.Pigou

Posted Date:-2021-08-24 11:30:24

Question:

Who is generally regarded as the founder of the  Classical School ?

1.David Ricardo

2.Adam Smith

3.T.R.Malthus

4.J.S.Mill

Posted Date:-2021-08-24 11:30:24

Question:

Who is the author of  Choice of Technique ?

1.K.N.Raj

2.Amartya Sen

3.W.B.Redaway

4.J.R.Harris

Posted Date:-2021-08-24 11:30:24

Question:

Who is the author of  Problems of Capital Formation in Underdeveloped Countries ?

1.R. Nurkse

2.N.Kaldor

3.S.Kuznets

4.J.N. Bhagwati

Posted Date:-2021-08-24 11:30:24

Question:

Who used the term consumption capital for consumers goods?

1.Karl Marx

2.W.S.Jevons

3.Alfred Marshall

4.M.E.L.Walras

Posted Date:-2021-08-24 11:30:24

Question:

Who wrote  An Introduction to Positive Economics ?

1.R.G.Lipsey

2.Paul A. Samuelson

3.G.B.Richardson

4.W.J.Baumol

Posted Date:-2021-08-24 11:30:24

Question:

Who wrote  There are no longer any believers in laissez-faire except on the lunatic fringe the truth is that we are all planners now ?

1.E.F.Durbin

2.H.R.Dickenson

3.W.A.Lewis

4.J.Tinbergen

Posted Date:-2021-08-24 11:30:24

Question:

Whose words are these?  We might as reasonable dispute whether it is the upper or the under blade of a pair of scissors that cuts a piece of paper as whether value is governed by utility or cost of production.

1.Alfred Marshall

2.W.S.Jevons

3.J.S.Mill

4.David Ricardo

Posted Date:-2021-08-24 11:30:24

Posted on by R4R Team

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Economics/Economics Great Economists and Their Work Set-1 Sample Test,Sample questions

Question: Identify the author of Poverty Under British Rule in India :

Question: Identify the Indian economist who was given an honorary knighthood by the British Government in 1990 for his wide-ranging contribution to education development economics and finance:

Question: Which of the following Alfred Marshall s works was first published?

Question: Identify the author of The Principles of Political Economy and Taxation :

Question: Identify the economist who had little formal education and started working in the money market at an early age of fourteen.

Question: Identify the work of Irving Fisher

Question: Identify the work of T.Schultz:

Question: The Communist Manifesto written jointly by Marx and Engel s was published in:

Question: The labour of Nature is paid not because she does much but because she does little. In proportion as she becomes niggardly in her gifts whe exacts a greater price for her work. Who made this observation?

Question: The real price of every thing what every thing really costs to the man who wants to require it is the toil and trouble of acquiring it. Who made this statement?

Question: The Strategy of Economic Development is the work of:

Question: Which of the following does not match?

Question: Which one among the following does not match?

Question: Who coined the phrase a temporary abode of purchasing power while explaining the concept of money?

Question: Who developed the Keynesian Theory of Distribution ?

Question: Who first raised fears of a world food shortage?

Question: Who first used the term quasi-rent ?

Question: Who stated explicitly for the first tirr the law of comparative costs?

Question: Who succeeded Alfred Marshall as Professor of Political Economy at Cambridge?

Question: Among the following Noble Prize winners for Economics one is an Austrian economist. Identify him:

Question: Capital and Development Planning is the work of:

Question: Elinor Ostrom and Oliver Williamson are the Nobel Prize Laureates in Economics in 2009. Do you know in which year was Francois Quesnay s Tableu Economique published?

Question: How old was Alfred Marshall when he died?

Question: Identify the author of Mathematical Analysis for Economists:

Question: Identify the economist who propounded the Liquidity Preference Theory of Interest :

Question: Identify the economist who propounded the Time Preference Theory of Interest :

Question: Identify the school founded by Wilhelm Roscher:

Question: In which year was the first volume of Das Capital be Karl Marx published?

Question: One of the following economists do not belong to the Austrian School. Identify him:

Question: Rent is a creation of value not of wealth. Who made this observation?

Question: The Critique of Political Economy the first fruits of Karl Marx s long painstaking research at the British Museum appeared in:

Question: The input-output analysis owes its origin and development to:

Question: The Purchasing Power Parity Theory came into prominence in 1916 through the writings of:

Question: Though the concept of consumers surplus can be traced back to the French engineer economist Dupuit it was another economist who gave a precise formulation stating the necessary assumption of this concept. Identify the economist.

Question: What was the nationality of Frederic List?

Question: When was Adam Smith s major work An Enquiry into the Nature and Causes of Wealth of Nations published?

Question: Which of the following is not correctly matched?

Question: Which of the following is not the work of J.B. Clark?

Question: Which one among the following does not match?

Question: Which one of the following theories of trade cycle was propounded by W.S. Jevons?

Question: Who among the following well-known economists graduated from the London School of Economics?

Question: Who developed the concept of Representative Firm ?

Question: Who introduced the concept of Elasticity of Demand into Economic Theory ?

Question: Who is generally regarded as the founder of the Classical School ?

Question: Who is the author of Choice of Technique ?

Question: Who is the author of Problems of Capital Formation in Underdeveloped Countries ?

Question: Who used the term consumption capital for consumers goods?

Question: Who wrote An Introduction to Positive Economics ?

Question: Who wrote There are no longer any believers in laissez-faire except on the lunatic fringe the truth is that we are all planners now ?

Question: Whose words are these? We might as reasonable dispute whether it is the upper or the under blade of a pair of scissors that cuts a piece of paper as whether value is governed by utility or cost of production.

More MCQS

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R4R Team

Question:
Identify the author of Poverty Under British Rule in India :

Question:
Identify the Indian economist who was given an honorary knighthood by the British Government in 1990 for his wide-ranging contribution to education development economics and finance:

Question:
Which of the following Alfred Marshall s works was first published?

Question:
Identify the author of The Principles of Political Economy and Taxation :

Question:
Identify the economist who had little formal education and started working in the money market at an early age of fourteen.

Question:
Identify the work of Irving Fisher

Question:
Identify the work of T.Schultz:

Question:
The Communist Manifesto written jointly by Marx and Engel s was published in:

Question:
The labour of Nature is paid not because she does much but because she does little. In proportion as she becomes niggardly in her gifts whe exacts a greater price for her work. Who made this observation?

Question:
The real price of every thing what every thing really costs to the man who wants to require it is the toil and trouble of acquiring it. Who made this statement?

Question:
The Strategy of Economic Development is the work of:

Question:
Which of the following does not match?

Question:
Which one among the following does not match?

Question:
Who coined the phrase a temporary abode of purchasing power while explaining the concept of money?

Question:
Who developed the Keynesian Theory of Distribution ?

Question:
Who first raised fears of a world food shortage?

Question:
Who first used the term quasi-rent ?

Question:
Who stated explicitly for the first tirr the law of comparative costs?

Question:
Who succeeded Alfred Marshall as Professor of Political Economy at Cambridge?

Question:
Among the following Noble Prize winners for Economics one is an Austrian economist. Identify him:

Question:
Capital and Development Planning is the work of:

Question:
Elinor Ostrom and Oliver Williamson are the Nobel Prize Laureates in Economics in 2009. Do you know in which year was Francois Quesnay s Tableu Economique published?

Question:
How old was Alfred Marshall when he died?

Question:
Identify the author of Mathematical Analysis for Economists:

Question:
Identify the economist who propounded the Liquidity Preference Theory of Interest :

Question:
Identify the economist who propounded the Time Preference Theory of Interest :

Question:
Identify the school founded by Wilhelm Roscher:

Question:
In which year was the first volume of Das Capital be Karl Marx published?

Question:
One of the following economists do not belong to the Austrian School. Identify him:

Question:
Rent is a creation of value not of wealth. Who made this observation?

Question:
The Critique of Political Economy the first fruits of Karl Marx s long painstaking research at the British Museum appeared in:

Question:
The input-output analysis owes its origin and development to:

Question:
The Purchasing Power Parity Theory came into prominence in 1916 through the writings of:

Question:
Though the concept of consumers surplus can be traced back to the French engineer economist Dupuit it was another economist who gave a precise formulation stating the necessary assumption of this concept. Identify the economist.

Question:
What was the nationality of Frederic List?

Question:
When was Adam Smith s major work An Enquiry into the Nature and Causes of Wealth of Nations published?

Question:
Which of the following is not correctly matched?

Question:
Which of the following is not the work of J.B. Clark?

Question:
Which one among the following does not match?

Question:
Which one of the following theories of trade cycle was propounded by W.S. Jevons?

Question:
Who among the following well-known economists graduated from the London School of Economics?

Question:
Who developed the concept of Representative Firm ?

Question:
Who introduced the concept of Elasticity of Demand into Economic Theory ?

Question:
Who is generally regarded as the founder of the Classical School ?

Question:
Who is the author of Choice of Technique ?

Question:
Who is the author of Problems of Capital Formation in Underdeveloped Countries ?

Question:
Who used the term consumption capital for consumers goods?

Question:
Who wrote An Introduction to Positive Economics ?

Question:
Who wrote There are no longer any believers in laissez-faire except on the lunatic fringe the truth is that we are all planners now ?

Question:
Whose words are these? We might as reasonable dispute whether it is the upper or the under blade of a pair of scissors that cuts a piece of paper as whether value is governed by utility or cost of production.